750 Davol St UNIT 324Fall RiverMA02720
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fall River at 750 Davol St UNIT 324, Fall River, MA, 02720 offers a 8.56% rental yield on a $367,000 purchase with $2,617/mo rent. Total monthly income registers $2,617/mo, and a $1,796/mo payment leaves $304/mo available for distribution. Annual cash flow reaches $3,650/yr on $121,661 to close, and return on cash invested stands at 22.91% in year one. Equity gained on principal adds $2,368/yr while 5% annual appreciation supports $101,395 over five years. Portfolio math shows five-year ROI at 119.11% and total cumulative return in cash at $144,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,617/mo property income against a $1,796/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02720, Fall River, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,665 (100%) |
| Owner Occupied HU | 5,815 (39.7%) |
| Renter Occupied HU | 7,892 (53.8%) |
| Vacant Housing Units | 958 ( 6.5%) |
| Median Home Value | $449,136 |
| Average Home Value | $481,814 |
Housing Distribution
Address Breakdown
Residential
13,501
Single Family
10,023
Multi-Family
3,478
Businesses
1,002
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Listed by: Janie Aracil • Hogan Associates Christie's International Real Estate
Mls Name: MLS PIN
Mls ID: #73408798